Cards & Payments
Visa, DealMed unveil cross-border card instalment Vietnamese cardholders
Visa, DealMed unveil cross-border card instalment Vietnamese cardholders
75% of surveyed Vietnamese consumers plan to travel for leisure in 2025.
Wise raises money transfer limits, lowers global average fee
Transfer limits to WeChat recipients is now at RMB50,000.
Cambodia, Visa launch Bakong tourist app
Tourists can use the app to pay at 4.5 million merchants in Cambodia.
StanChart unveils cross-currency transactional FX solutions suite
It offers FX payment services across 130 currencies in over 40 markets.
Primer, dtcpay team up to expand stablecoin payments in SEA
Payment options include credit and debit cards, Apple Pay, and Google Pay.
Malaysia unveils centralized dispute centre for financial matters
The central bank has also raised the monetary limit for eligible disputes to MYR250,000.
Taiwan’s credit card balances up 0.88% in Nov 2024
Monthly write-offs rose whilst the amount of undue balance fell.
Airwallex expands to Brazil, Mexico
It finalized the acquisition of MexPago and obtained a license in Brazil.
GCash eyes easier payment checking for SMEs
The Philippines’ biggest fintech platform is targeting the retail sector.
JCB expands card acceptance in UK
Over 110,000 UK-based merchants in the hospitality sector can now accept JCB cards.
RHB unveils debit card replacement kiosks.
They’re available in two branches.
2 in 3 people to own a digital wallet by 2029: report
As of 2024, an estimated 52.6% of the world uses a digital wallet.
Four factors shaping APAC’s digital retail payments in 2025
Cash remains relevant in Malaysia and Singapore.
Global network tokenised transactions to double to 574 billion by 2029
Network tokenisation's role in securing digital payments will drive merchant adoption.
Singapore sees $2.1m lost in credit card fraud over three years
Card scheme operators have implemented the 3-D Secure protocol for added security.
Over 3 in 4 Visa payments in Vietnam are contactless
Over 4 in 5 in Vietnam named mobile wallets as their preferred payment method.
What's in store for payments in 2025?
In emerging markets, digital wallets are evolving into bank account substitutes.
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1. Singapore aced its FATF evaluation — now comes the hard part 2. Citi boosts North Asia & Japan corporate desk headcount by 25% 3. UOB Private Bank hires Dominique Boer as ASEAN regional market head 4. Japan banks turn to stablecoins to retain deposits 5. Can Asia’s banks make stablecoins work across borders?Resource Center
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Leading voices from the banking and insurance industries will meet at The Hyatt Regency to discuss wealth management, insurance investment, and the AI economy.
Commentary
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part
The financing challenge behind Asia’s wealth transfer